The Ghana Police Service has uncovered new details in the ongoing investigation into the alleged unauthorised withdrawal of ₵400,000 from a mobile money account, revealing that the funds are linked to a suspected gold robbery and fraud scheme.
The probe, initiated on the directive of Christian Tetteh Yohuno and led by the Police Professional Standards Bureau (PPSB), traced the transaction back to a complaint filed in December 2025.
According to investigators, the victim, Francis Ayaaba from Ejisu, was lured to a location at Ntoaso near Nsawam under the pretext of a gold deal. He reportedly paid ₵500,000 in cash and transferred an additional ₵400,000 via mobile money. Shortly after the payment, armed men stormed the location and robbed him of the gold.
Police say the ₵400,000 transfer was traced to accounts linked to a mobile money merchant, Derrick Okyere Dapaah, also known as “Pablo,” who allegedly moved the funds across multiple accounts.
The money was later withdrawn by one Abudu Dauda, who reportedly used a Ghana Card bearing a different name and claimed he acted on the instructions of a suspect identified as Alhaji Ibrahim.
Authorities secured a court order to freeze the accounts, reverse the transaction, and retrieve the funds as evidence.
So far, four suspects, William Nene Sakitey Osabotey, Abudu Dauda, Prince Ofori, and Derrick Okyere Dapaah, have been arrested and charged including abetment of crime. They have been granted bail and are expected to reappear in court on April 29, 2026.
Police say efforts are ongoing to arrest two other suspects, identified as Alex and Alhaji Ibrahim, who remain at large.
Investigators maintain that the case highlights growing concerns over the intersection of mobile money systems and organised fraud, urging the public to exercise caution in high-value transactions.
By paqmediagh/Peter Quao Adattor
